The Head of Nokia’s Profitable Patent Unit Leaves

Hi-Tech Silvia Meyer
http://stocknewsusa.com/wp-content/uploads/2016/09/^082E604908751F76CD27BBE01A8BF0E252AEA50E681522E7FA^pimgpsh_fullsize_distr.jpg

The head of Nokia’s Profitable Patent Unit will be leaving the company, sources said.

Ramzi Haidamus will be relinquishing his job at the Finnish company, after just weeks since the man is said to have been striking a patent deal with the competition company, Samsung Electronics, and being behind the May agreement with HM in which they will develop Nokia mobile phones and tablets.

“Given (the unit’s) progress, now is the right time for me to explore new opportunities to pursue my passion for building and transforming businesses,” said Haidamus in a statement.

Before joining Nokia, the man spent more than ten years working for Dolby Laboratories where he was as well running patent licensing.

According to Nokia, Haidamus will be leaving the company by the end of the month.

“I am confident that with its strong foundation, Nokia Technologies will continue its progress without missing a beat,” stated Rajeev Suri, company’s chief executive.

Nokia Corporation has been the world leader in mobile communications headquartered in Espoo, Finland, contributing to the growth of the communications industry and the Internet converging. Nokia has 132,000 employees in 120 countries and sales in more than 150 countries.

The company manufactures mobile terminals for all market segments and major communications protocols, including GSM, CDMA, and W-CDMA.

Nokia offers Internet services such as applications, games, music, maps, media and messaging through the Ovi platform.

Nokia Siemens Networks subsidiary offers solutions, equipment, and services for communications networks globally. Navteq, the Nokia wholly-owned company, provides digital maps and navigation services for free.